Monzo Business: Managing your tax
Dealing with tax can feel complicated, but we have features to help you keep things organised and running smoothly.
How to Add Your Tax Reference Number (TRN):
Tap your profile icon on your business account Home screen.
Select Settings.
Tap Tax residency and TIN.
Add your tax information here.
How to Create a Tax Pot: (This feature is available with the Business Pro or Team plans)
Tap the Home icon.
Scroll down to Pots.
Tap Create a Tax Pot.
You can have up to three Tax Pots per account, and you have the flexibility to add or withdraw money from them at any time.